Oracle’s Irish arm returns to profit, acquires $11.4bn in IP rights
Irish subsidiary, which employs over 1,400 people, bounces back from big loss in 2018
Fears for Dublin jobs as Oracle believed to be cutting 1,300 roles
Technology company expected to eliminate jobs across Europe in three areas
Oracle’s Irish subsidiary sees losses balloon on impairment charge
Technology giant sold IP rights for €198m to another group company earlier this month
Oracle’s Irish unit pays out €2bn dividend despite €450m loss
Technology group reported impairment charge of €318m at Dublin subsidiary in 2017
Oracle’s Irish arm sinks to pre-tax loss as revenues stay steady
Company, which employs over 1,400 locally, reports loss due to currency changes
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